13-Oct-2026 17:20:16
SEBI EXTENDS IPO ISSUE-SIZE RELAXATION DEADLINE TO MARCH 31, 2027
• SEBI extends the relaxation allowing companies to revise IPO issue sizes by up to 50% without filing a fresh Draft Red Herring Prospectus (DRHP). • New deadline extended to March 31, 2027, from the earlier September 30, 2026. • Previously, IPO issue-size revisions exceeding 20% required companies to file fresh draft offer documents. • SEBI had increased the permissible revision limit to 50% in April 2026 to provide flexibility amid geopolitical tensions and challenging capital-raising conditions. • Extension allows IPO-bound companies greater flexibility to adjust issue sizes according to market conditions without restarting the entire draft filing process. • Move could reduce regulatory delays and help companies proceed with planned public offerings.